Document 0grL7Xbkd0zB4zoJnwbLEZvgx

To: leila_getto@ios.doi.gov[leila_getto@ios.doi.gov] From: Jack Gerard, API Sent: 2018-03-07T09:27:08-05:00 Importance: Normal Subject: America's LNG Export Opportunity Received: 2018-03-07T09:27:29-05:00 Click to view this email in a browser March 7, 2018 Dear Leila, "The U.S. is becoming the undisputed leader of oil and gas production worldwide." That's according to International Energy Agency (IEA) official Fatih Birol, who credited the "remarkable ability of producers to unlock new resources cost-effectively" for "fueling major investments in petrochemicals and other energy intensive industries." It's more confirmation that the economic benefits of U.S. natural gas and oil production are wide-ranging from millions of jobs supported across numerous industries to household savings supplied by affordable energy. The opportunity to export a portion of our abundant natural gas supplies promises additional benefits - not just economic, but environmental and geopolitical. Exports of liquefied natural gas (LNG) could contribute up to 452,000 jobs nationwide by 2040 and add up to $73.6 billion annually to the GDP, according to analysis by ICF International. In congressional testimony last week, experts explained how LNG exports generate jobs throughout the economy, and how they serve as a diplomatic tool to help U.S. allies. Meg Gentle - President and Chief Executive Officer, Tellurian Inc.: "Exporting natural gas as LNG continues to benefit the American people by creating thousands of jobs and stimulating economic expansion. We expect our Driftwood LNG project alone to create at least another 13,000 jobs while supporting manufacturing jobs in 18 U.S. states. U.S. LNG exports advance American geopolitical interests and leadership by strengthening the energy security of our allies and improving air quality through clean-burning natural gas." Christopher Smith - Senior Vice President, Cheniere Energy, Inc.: "Cheniere expects to make an approximately $30 billion investment in American energy infrastructure. and sources materials for our facilities from nearly 1,600 different manufacturers across 46 states... An important part of our business model is the fact that we're selling an affordable, reliable, cleaner fuel that customers around the world want. ... Many countries - developed and developing, traditional LNG importers and emerging markets are choosing natural gas as a lower-carbon, affordable and reliable option for their energy portfolio. " Peter B. Doran - President and CEO, Center for European Policy Analysis: "This capacity offers profound strategic benefits to America. ... It is exceptionally beneficial to our allies and partner countries in Asia, Europe and elsewhere. In some cases, our energy shipments are helping to diversify allies away from sole-source dependence on Russia. This has been a long-standing aim of U.S. foreign policy. And we are only now beginning to achieve it. Together with supplies from the Middle East and other regions, Americans can take pride in the fact that we are helping to protect vulnerable consumers beyond our shores; and to increase their leverage in energy negotiations with Moscow." The economic and strategic advantages up for grabs in the global LNG market are not lost on our global competitors. Nations like Qatar, Russia and Australia are building the export facilities and transportation infrastructure necessary to compete. As the world's leading natural gas producer, and a low-cost producer, the U.S. has a major competitive advantage. By implementing proposals to streamline the permitting process and invest in energy infrastructure, we can ensure that competitive advantage delivers maximum economic and geopolitical benefits. Sincerely, Jack N. Gerard President & CEO API Powering Life All Around Us There are very few aspects of modern living that don't involve natural gas and oil in some way. Products made from natural gas and oil help make us healthier and more comfortable. From prosthetic limbs to artificial heart valves, learn the surprising role natural gas and oil play in modern health and safety innovations. Follow our Blog to stay up-to-date To stay up-to-date on the latest energy-related news, there is no better place to check than the Energy Tomorrow Blog. About API: API is the only national trade association representing all facets of the oil and natural gas industry, which supports 10.3 million U.S. jobs and nearly 8 percent of the U.S. economy. API's more than 625 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation's energy and are backed by a growing grassroots movement of more than 40 million Americans. To learn more about API and the value of oil and natural gas, please visit API.org. Click to view this email in a browser If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe Jack Gerard, API 1220 L Street, NW Washington, DC 20005 US